On the occasion of Bhai Dooj (October 23, 2025), oil marketing companies (OMCs) kept petrol and diesel prices unchanged across India, maintaining stability amid marginal movements in global crude oil prices. Fuel prices are revised daily at 6 AM under the dynamic pricing mechanism, ensuring alignment with international market trends.
Major City-Wise Rates (₹ Per Litre)
Market Overview
According to data from global benchmarks, Brent crude traded near $86.30 per barrel, slightly higher due to tightened supply amid ongoing geopolitical tensions. Despite minor increases internationally, domestic retail fuel prices have remained steady in India since May 2022, following tax reductions by the central and state governments.
What Affects Fuel Prices
Fuel rates in India depend on factors like the rupee–dollar exchange rate, global oil supply and demand, international crude price trends, and government excise duties. Since India imports more than 85% of its crude requirement, even small fluctuations in global oil prices directly impact domestic rates.
As of now, consumers can expect stable fuel prices heading into the festive season unless there are sudden global supply disruptions or major changes in taxation structure.